Capital budget worth $14.5 million passed

Canmore council has approved a capital budget worth $14.5 million that includes funds for the Legacy Trail, Community Arts Centre and redevelopment of the pool at the Rec Centre once Elevation Place opens next year.

Following debates at 10 budget committee meetings a few weeks ago involving this year’s budget as well as the five-year capital plan, debt levels, reserves and expected grants, council voted unanimously in favour of the budget on Dec. 5.

There are currently 42 individual capital projects slated to take place next year, which involve $6.5 million for solid waste and utilities and another $8 million for other Town operations. Read the full story at the Rocky Mountain Outlook.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s